Health priorities - Term to 75

Health Priorities – Term to 75 is critical illness insurance that is payable until the policyowner reaches 75 years old. It pays a tax-free lump-sum benefit following the diagnosis of one of the 26 covered critical illnesses or conditions.

Established families, clients who want coverage while in the workforce and clients who want their premiums refunded are the target market for this product.

Features

Main features

  • 26 critical illnesses and conditions are covered. An advance is paid for more than 15 treatments and diagnosis of less severe conditions.
  • The only coverage in Canada that covers all types of cancers along with exclusive cardiovascular procedures.
  • No survival period to satisfy except for cardiovascular conditions and procedures (30 days).
  • Return of Premiums on Death is a minimum of 25% of the amount of insurance, if ROPD is selected.
  • If the Return of Premiums (ROP) is selected, a reimbursement of the paid premiums if the policyowner terminates the contract.
  • Long-Term care (LTC) pays an amount whether the loss is temporary or permanent.
  • Complimentary assistance services, provided by Best Doctors® and Assistel.

Critical illnesses and conditions

Cancers and Tumours:

  • 1. Benign Brain Tumour
  • 2. Cancer (Life-Threatening)

Cardiovascular:

  • 3. Aortic Surgery
  • 4. Coronary Artery Bypass Surgery
  • 5. Heart Attack
  • 6. Heart Valve Replacement or Repair
  • 7. Stroke (Cerebrovascular accident)

Neurological:

  • 8. Bacterial Meningitis
  • 9. Dementia, including Alzheimer’s disease
  • 10. Motor Neuron Disease
  • 11. Multiple Sclerosis
  • 12. Parkinson's Disease and Specified Atypical Parkinsonian Disorders

Vital Organs:

  • 13. Kidney Failure
  • 14. Major Organ Failure on Waiting List
  • 15. Major Organ Transplant

Accident and functionnal loss :

  • 16. Acquired Brain Injury
  • 17. Blindness
  • 18. Coma
  • 19. Deafness
  • 20. Loss of Limbs
  • 21. Loss of Speech
  • 22. Paralysis
  • 23. Severe Burns

Other:

  • 24. Aplastic anemia
  • 25. Occupational HIV Infection
  • + Long-Term Care

Long-Term Care coverage

  • In case of loss of independent existence where the insured has reasonable chances of recovery, 15% of the amount of insurance will be paid, up to a maximum of $25,000.
  • If the loss of independent existence ends up being permanent, any advance paid will be deducted from the amount of insurance payable.

Advance for less severe diagnosis and treatment

Minor cancers and cancer-related surgeries

Early-stage cancers:
(Only one advance for the duration of the coverage)
  • Carcinoma in situ
  • Chronic lymphocytic leukemia – stage 0
  • Cutaneous lymphoma without distant metastasis
  • Dermatofibrosarcoma
  • Ductal carcinoma in situ of the breast or lobular carcinoma in situ of the breast
  • Malignant gastrointestinal stromal tumours
  • Malignant carcinoid tumours
  • Malignant melanoma – stage 1
  • Papillary thyroid cancer or follicular thyroid cancer – stage 1
  • Prostate cancer – stage T1a or T1b

The early-stage cancers listed above pay 15% of the amount of insurance (maximum of $50,000). If an advance of 1% has already been paid for a cancer not mentioned above (see the Other cancers section), it will be deducted from the 15% advance. Moreover, no amount will be paid if an advance for an ablation surgery has already been paid.

Ablation surgeries:
(Only one advance for the duration of the coverage)
  • Total mastectomy
  • Total prostatectomy

The two ablation surgeries above pay 30% of the amount of insurance (maximum of $100,000). If an advance has already been paid for an early-stage cancer or another cancer (see the Other cancers section), it will be deducted from this advance.

Other cancers:
(Only one advance for the duration of the coverage)

All other cancers not listed above pay 1% of the amount of insurance (maximum of $5,000). If an advance has already been paid for an early-stage cancer or an ablation surgery, this 1% advance won’t be payable.

Note for cancers:

If the client receives an advance payment for the early-stage cancers, ablation surgeries and other cancers, he remains covered for all the other illnesses covered by his contract, including life-threatening cancer.

Minor cardiovascular conditions and procedures
(Only one advance for the duration of the coverage)

  • Aortic aneurysm
  • Coronary angioplasty
  • Endovascular treatment of aortic aneurysm or disease
  • Insertion of cardiac pacemaker or cardiac defibrillator

The minor cardiovascular conditions and procedures listed above pay 15% of the amount of insurance (maximum of $50,000).